Coherent swings sharply after hours, now down more than 6% after earlier gain

Coherent swings sharply after hours, now down more than 6% after earlier gain.

Coherent shares swung sharply in after-hours trading, falling more than 6% after earlier rising more than 5%. The company expects first-quarter revenue of $2.2 billion to $2.4 billion, compared with a market estimate of $2.15 billion.

#Stocks #Earnings